Oilseed
processing market is projected to witness a compound annual growth rate
of 5.81% over the forecast period to grow to US$188.52 billion in 2023,
from US$138.34 billion in 2017.

The market is primarily
driven by the rising demand for oilseed-based processed products. Rapid
urbanization coupled with growing purchasing power and concerns about
health and fitness among consumers drive the demand for oilseed
processed products. Moreover, growing livestock industry owing to rising
demand for quality dairy products and increasing meat consumption
further contributes to the growth of oilseed processing market. However,
the price instability acts as a restraint to the oilseed market growth.

Geographically,
Asia Pacific accounted for a large market share in 2016 and is expected
to hold a notable position by the end of forecasted period. The presence
of rapidly developing economies like India and China accounting for
large population base within the region drive the oil seed processed
products while augmenting its market growth. The growing demand for
biodiesel owing to rapid industrialization and urbanization further
contributes to the regional market growth.

Identification of
key industry players in the industry and their revenue contribution to
the overall business or relevant segment aligned to the study have been
covered as a part of competitive intelligence done through extensive
secondary research. Various studies and data published by industry
associations, analyst reports, investor presentations, press releases
and journals among others have been taken into consideration while
conducting the secondary research.